Ensures the obligations of the bid participant to the bid organizer according to the bid documentation. Guarantee amount: 1-3% of the amount allotted for procurement. Guarantee term: for validity period of a bid application.
Ensures the obligations of the provider/contractor to the purchaser/customer under the agreement/contract. Guarantee amount: 3-10% of the total contract amount. Guarantee term: for validity term of the contract.
Ensures fulfillment of the obligations of the provider/contractor to the purchaser/customer for supply, performance of works, provision of services within the framework of the advance payment. Guarantee amount: in the advance amount. Guarantee term: for the term of the works for the amount of the advance payment.
Ensures the payment obligations of the purchaser under the agreement/contract. Guarantee amount: for the amount of payment under the contract. Guarantee term: payment term.
Ensures the obligations of the principal to make customs/tax payments. Guarantee amount: for the amount of the customs/tax payment. Guarantee term: payment term.
A guarantee ensuring the payment obligations of the borrower to repay the principal and interest on the loan. Guarantee amount: obtained loan amount. Guarantee term: until the date of the loan repayment.